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  News : January 2008  
     
 

WFES kicks off with a bold message

The inaugural World Future Energy Summit kicked off in Abu Dhabi with a bold message from dignitaries, royalty, academics, and decision-makers strengthening their commitment to meet the future energy challenge.

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Abu Dhabi to make decision on national CCS network

A feasibility study on a plan to develop an Abu Dhabi-based national carbon capture and storage (CCS) network for enhanced oil recovery has been completed and its recommendations are to be put to the leadership, according to the carbon management boss of Masdar, the UAE capital’s multi-billion-dollar clean energy initiative.

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Crown Prince announces a $15 billion pledge to ‘future energy’

In what constitutes the world’s largest single government commitment to development of sustainable energy technology, the government of Abu Dhabi has pledged $15 billion to a range of investments, projects and education initiatives.

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Hydrogen power for Abu Dhabi

Masdar and Hydrogen Energy are to work on the front-end engineering design (FEED) for an industrial-scale hydrogen-fired power generation project equipped with carbon-capture technology. The carbon dioxide so captured would then be available for transportation and storage.

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$2.2 million Zayed prize for energy innovation

Abu Dhabi’s government is to award prizes worth $2.2 million annually for excellence in the innovation, development and implementation of sustainable energy solutions.

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US Secretary of Energy highlights global challenge

The US Secretary of Energy, Sam Bodman, outlined the global challenges confronting the energy industry and called for a renewed attitude toward the environment in his keynote address at WFES08.

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Lord Browne sets out strategy for ‘era of shifting sands’

Lord John Browne, former Chief Executive of BP and now Managing Director of Riverstone Holdings, this week set out a strategy for energy businesses seeking to navigate their way through an era of “shifting sands”.

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Energy for the poor

Norway this week called for a global aid package for poor nations to ensure their energy supply needs, and said that current high oil prices only increase their misery.

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Money and expertise are lacking in CCS, says author

Carbon capture and storage (CCS) is a viable way to reduce atmospheric levels of CO2, but there is a dearth of investment that is holding back development and take-up of the technology, according to one expert attending WFES08.

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The nuclear debate continues

The maelstrom of nuclear power heated up at WFES when two major adversaries locked horns in the ‘Future Energy Policy and Strategy’ forum.

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'Ecological footprint’ more than just a phrase for Masdar

The lexicon of the modern environmentalist is not complete without the phrase ‘ecological footprint,’ and Jean-Paul Jeanrenaud, Director of One Living Planet - WWF International, addressed WSEF08 delegates on the issue in a keynote session.

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Renewables industry at tipping point

Concerns about security of energy supply are becoming as important a driver of investment in renewable energy as worries over climate change. So says Shane Bush, Global Head of Renewable Energy at Standard Chartered Bank, a major sponsor and participant at the inaugural World Future Energy Summit in Abu Dhabi.

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